Davie ,FL Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Davie, FL homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Davie, FL is $2115. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Davie, FL. VHome Insurance will help you navigate the world of homeowners insurance coverages in Davie, FL.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $846 |
| $200,000 | $1,438 |
| $300,000 | $1,777 |
| $400,000 | $2,707 |
| $500,000 | $3,405 |
Home insurance costs in Davie can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 033332 | $2,177 |
| 33330 | $2,119 |
| 33331 | $2,097 |
| 33328 | $2,006 |
| 33326 | $2,010 |
| 33325 | $1,941 |
| 33314 | $1,863 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Davie, FL, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $2,169 |
| $1000 Deductible | $1,939 |
| $1500 Deductible | $1,829 |
| $2500 Deductible | $1,650 |
| $5000 Deductible | $1,396 |
| Home Insurance Company Near Davie, FL | Homeowners Insurance Agency Near Davie, FL | Address |
|---|---|---|
| Travelers | J & L Insurance Inc | 1881 NE 26 ST #80, FT LAUDERDALE, FL, 33305 |
| Allstate | Lex L. Barker | 12180 Southshore Blvd Ste 103, Wellington, FL, 33414 |
| Allstate | Olga Williams | 18980 NW 2nd Ave, Miami, FL, 33169 |
| Travelers | Elliott Mckiever & Stowe Inc | 6161 Blue Lagoon Drive Ste 430 , Miami, FL, 33126 |
| Travelers | Elliott Mckiever & Stowe Inc | 6161 BLUE LAGOON DR STE 420, MIAMI, FL, 33126 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Southwest Ranches town, Florida | $216 | $288 | $432 |
| Pembroke Pines city, Florida | $180 | $240 | $360 |
| Weston city, Florida | $195 | $260 | $390 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Davie, FL | 4.4% | 13.9% |
| Southwest Ranches | 3.66% | 12.0% |
| Pembroke Pines | 4.77% | 17.42% |
| Weston | 3.92% | 11.21% |
| Davie Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 186 | 1.0% | $315 |
| $200 to $299 | 212 | 1.0% | $765 |
| $300 to $499 | 207 | 1.0% | $1215 |
| $500 to $749 | 400 | 2.0% | $1890 |
| $750 to $999 | 1,482 | 10.0% | $2640 |
| $1,000 to $1,499 | 5,166 | 36.0% | $3765 |
| $1,500 or more | 6,500 | 45.0% | $5415 |
| Streets in Davie Area | Homeowners Insurance Cost |
|---|---|
| Hawkhurst Ave, Palm Pl, Garden Ct, Aster Way, NW 84 Ave, Oak Grove Cir, SW 50th Manor, Egret Ct, Laurel Rd, S Quayside Dr | $1,241 |
| Bristol Ln, Cherry Ln, Veracruz Ln, SW 149th Ln, del Mar Ave, Mahogany Ter, Palm Garden Ct, Fairmont Ln, SW 94th Ave, S Cambridge Ln | $1,250 |
| Harpers Ferry St, SW 57th Ter, SW 63rd St, Old Still Ln, Eastwood Ln, SW 40th Manor, Lappaz Ave, N Open Ct, Seneca Ave, SW 61st St | $1,365 |
| Ravenswicke Ter, Charleston, Lance Point Pl, Sweetwater Ter, Sedgewyck Cir W, Weston Hills Blvd, Skylark Dr, W Lake Vista Cir, Myrtle Oak Cir, Edgehill Ln | $1,301 |
| Oak Ridge Dr, Lantana Dr, SW 55th Ln, SW 73rd Ter, Woodgate Dr, Oak Grove Rd, W Quayside Dr, Boyscout Rd, Key West Ct, E Island Rd | $1,248 |
| Aires Rd, Inverness, Rosewood Ct, Princeton Ct, N Hibiscus St, Casa Moorreye Dr, Golden Shoe Rd, N Oak Knoll Cir, SW 155th Ln, S Garden Cove Cir | $1,472 |
| S Harmony Lake Cir, Lexington Ave, Caracas St, SW 55th Ct, SW 129th Way, Cobblestone Ln, Fairway Ter, Southern Orchard Rd E, Amherst Ave, Hidden Hollow Ln | $1,286 |
| Paris St, SW 90th Ter, S Roundtable Rd, SW 157th Ter, Coconut Cir, Pine Crest Ct, SW 95th Ave, Briar Ridge Rd, W Royal Cove Cir, Elm Grove Rd | $1,211 |
| Woodgate Ct, SW 55th Ct, Bristol Ave, Cocowalk W, SW 125th Ln, Redberry Dr, Highland Meadows Dr, Bluegrass Ln, S Savannah Cir, SW 153rd Ave | $1,205 |
| SW 154th Ave, Countrybrook Dr, SW 135th Ter, Meridian Blvd, Bel Air Way, Amber Bay Dr, Briarwood Manor, N Valencia Dr, Roanoke St, Grove St | $1,285 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Davie | $186 to $188 |
| Southwest Ranches | $216 |
| Pembroke Pines | $180 |
| Weston | $195 |
| Home value ($) | Age of home (years) | Wind mitigation | Company | Average homeowners insurance premium ($) |
|---|---|---|---|---|
| 150,000 | 27 | YES | Southern Fidelity Insurance | $2,681 |
| 150,000 | 27 | YES | St. Johns Insurance | $2,899 |
| 150,000 | 27 | YES | State Farm Florida Insurance | $2,697 |
| 150,000 | 27 | YES | United Property & Casualty Insurance | $2,276 |
| 300,000 | 12 | NA | American Traditions Insurance | $2,707 |
| 300,000 | 12 | NA | Auto Club Insurance | $4,958 |
| 300,000 | 12 | NA | Citizens Property Insurance | $3,176 |
| 300,000 | 12 | NA | Florida Peninsula Insurance | $4,890 |
| 300,000 | 12 | NA | Stillwater Property And Casualty Insurance | $4,096 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,700 | $3,700 |
| Yearly Davie Homeowner Insurance Premium Example | $7,500 | $7,100 |
| Out of Pocket Expense During Claim | $1,700 | $3,700 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $54,200 | $53,400 |
| Net Savings to Davie Home Owner from High Deductible Plan | $800 | |
| Scenario | Davie, FL Home Replacement Value MORE than Home Value | Davie, FL Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $486,500 | $332,000 |
| Insurance Premium based on Replacement Value | $8,475 | $5,775 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $63,500 | Risk Exposure from Under Insuring Coverage is $91,000 |
| Premium Impact | Insurance cheaper by $1,600/year | Insurance costlier by $1,100/year |
| Insurance Company | Liberty Mutual | Chubb Group of Insurance | State Farm |
| Monthly Premium | 411 | 293 | 541 |
| Year Built | 1980 | 2010 | 1995 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 2 Baths | 5 Beds, 1 Baths |
| Coverage Amount | $300000-$350000 | $250000-$300000 | $400000-$500000 |
| Deductible | $5000 to $10,000 Deductible | $5000 to $10,000 Deductible | $2500-$5000 Deductible |